Yeah remember, last week was a correction.. heavy one... So it will be really interesting where it goes this coming week.. I would still be comfortable BUYING it, specially below 1500... Would EXIT before halloween, just in case... see what happens after, a few days after... if not week.. and then re-enter.. BUY(s) hopefully
D
{quote} A, gold proving to be like oil, where the heck's it going, LOL, given where the markets are, risk is certainly high, will have to check the VIX,someone kindly posted the other day, it's at red alert if I remember, so a case for gold to skyrocket, but, and there always is, it's uncommon to defy gravity these days, so make what you will, or trade what you see,
FED (pre-halloween through halloween) party {quote} Yeah man, I am in particular interested in what happens at the end of the month.. You known when
{quote} A, what's your thoughts on bit coin as a safe haven, going back it was mooted it was never going to take off, no, nope,never, and here we are today, and this was all the pundits (reason why I make my own judgement and in a post a few back to Helgas) is this the dirty little secrete or the total wrong track, I am not a fan, the spread is horrendous and the swings, depending if their going you way are stellar, it seems know one knows or they're all keeping quiet, D
But I welcome any asset/instrument/currency/trade/... that can increase my profit(s) I do also like bubbles and anything, as long as I can trade them and maybe pull-out in time But if you insist, since it is not regulated currently and not illegal either (in majority of countries) it will be valuable as long as people value it and it's use it not illegal/restricted So how long that might be is anyones guess tbh. Me, personally.. would like to trade it and also own (some of, portfolio wise) it... if not for any other reason... just in case some/we are wrong It certainly got my attention... And I would love to own it, in paper wallet, just in case But I much prefer to HEDGE, calculate, have fail-overs and safety nets... just in case I am wrong at about anything The real reason for the HEDGE funds, at least in the beginning.. And I do love the HEDGE funds Untill I am certain, I hedge... and I am not "not uncertain" about anything... Doubt is healthy, specially in (financial) markets At least in healthy doses...
{quote} Since bit coin etc.. is somewhat "religious" debate (judging by how emotionally people respond sometimes).. I am not willing to discuss its potential safe heaven status atm, because do not want to get the hate from either side
D
{quote} A, thanks for the take, suppose it has to be on the radar, as at least a tradeable product given its volatility, it's a strange one and very little on it, cheers all the same
Any market of that size/volatility sure does get my attention https://coinmarketcap.com/ 150B+ in BTC alone... And the beauty is, that you can do almost anything, no regulations, nothing As of now anyway... And it is great that even some major brokers are providing it.. on top of the very new ones, very creative ones with innovative services... Although majority of them are very careful with leverage Also, this is what I love about REAL traders, fin markets or WS... They do not care, do not side... just trade, make money.. It is very easy to talk to people like this since you know what do they actually want... in contrast to some "normal people" where you do not even know what they want... even though they claim they do... In fact, I prefer to discuss BTC with REAL traders... vs. believers... Because with believers I can discuss only BUY opportunities... because they might get furious if anyone mentiones SELL (opportunities) Some do have 100% of their net worth in BTC, believe it or not (they sold everything and invested there, no cash even, just BTCs)... Yeah you guessed it, they are from "IT" background... But with traders, real ones.. they don't give 2 shits... They are for EITHER side, as long as they can make money... If they could go back in time like terminators.. they sure as hell would have no problem investing in some of the most controversial schemes/bubbles To sum up, I LOVE talking with people that I know what they actually want and are not ashamed of it... Contrary to many other industries where they all pretend they work for anything but money... "saving lives and driving ferrari along the way" I am not supporting or judging anyone, just saying that I LOVE when I can trust peoples identity/goals/objectives... and I think we all agree that we would have no problem believing that WS/traders are in it for MONEY (alone)... and it is refreshing to see the TRUTH (sometimes), even ugly one Everyone wants a piece of it... And the initial ones, that are still holding it as a religion, sure got the most of it, because their religion side of it.. prevented them to sell them "too early" so now they are millionaires Hopefully they converted at least some million already {quote} T4Trade, I do apologise and did include this in the initial post about asking about indicators, unfortunately not able to share, please accept my apologies and hope this does not effect our relationship, D
{quote} Exactly man! Since this is your thread and you asked about it (BTC), I can afford to go off topic (with BTC) a little
D
{quote} sorry I didn't read posts,no petty things should not affect relationships,green pips my friend.
D
{quote} A, you can talk about anything tradeable on this thread, no boundaries, if the broker includes it we trade it, the sole buyers of bit coin are reaping the rewards of it's rise, so somewhere in there is a financial benefit, as is the £ I hold, it may be worth more tomorrow or less. can I change this, no, so feel free to post, on a parting note, bit coin as far as the future goes, has far more upside than downside, just my my opinion
) the markets off some serious profits Reminds me of: Do not have the answer atm, but "the character" seems to have some point Also movies like "big short" and also "money never sleeps - Gekko speech" shows how many were glad to join the bubble ride until it burst.. We have current situations like this... Big bubbles... but if anyone would mention it now, he/she would be considered nuts, laughed at... AFTER it might burst.. they will be seeking for the scapegoats... So again... I sometimes wonder...
{quote} You definitely have the right mentality to reap (or anagram
{quote} A, someone posted a phrase here on FF, "stable your table" meaning the more legs of income the better, if I can just do this I will be happy, another phrase "the house always wins", If I can avoid this I'll be happy also, good trading, D
Aka becoming activist investors and change it to the better Till then, I am also looking to stable my table (and try to leave the house before it wins) 
